Debt review is a legal process that helps South Africans who are struggling to pay their monthly obligations and was created by the National Credit Act of 2005. The purpose of debt review is to:
These steps below is the approach towards the process of giving you a solution of which are mandatory.
You speak to debt counselor in order to do your credit assessment and debt review application.
We send a notify all your creditors that you have made a debt review application.
Review your Credit Balances from Creditors and negotiate to lower your monthly instalment.
Generate final proposed monthly instalment and court application.
Get a consent order from court.
You pay your agreed monthly instalments.